GCC Facility Management Market Overview Braden Smith Camo Jersey , Dynamics, Forecast Analysis and Supply Demand Outlook by 2023
by deepakkumarwts · October 16, 2018


The聽GCC facility management market聽is expected to reach $74,159.3 million by 2023. The growth of the GCC facility management market is mainly driven by the increasing construction activities and growing tourism industry in GCC countries. Facility management refers to professional services covering multiple disciplines, in a bid to ensure functionality of the built structures through the integration of people, place Darius Leonard Camo Jersey , process, and technology.


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On the basis of service, the GCC facility management market is segmented into property services, cleaning services, security services, catering services Quenton Nelson Camo Jersey , support services, environmental management services, and other services. Other services include reception staffing, utility management, furniture supplies, and contract management.


In terms of mode of service T.Y. Hilton Camo Jersey , the GCC facility management market is categorized into in-house and outsourced. In-house is estimated to be the larger category in the GCC facility management market, with a contribution of more than 60.0% in 2017. The leading position of in-house mode is attributed to its long-standing presence, comparatively low cost, and high adoption rate.